16, GRANTHAM COURT, SHENLEY LODGE, MILTON KEYNES, MK5 7DP - £275,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 GRANTHAM COURT is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £275,000 in May 2021, which was around 38% below the average May 2021 detached price in the Milton Keynes local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

16 GRANTHAM COURT Sold Prices

Land registry data shows six sales for 16 GRANTHAM COURT since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the six 16 GRANTHAM COURT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 MAY	£275,000	£445,943	38% below HPI
2016 16 FEB	£275,000	£397,934	31% below HPI
2015 12 OCT	£235,000	£380,182	38% below HPI
2007 25 JUN	£190,000	£290,794	35% below HPI
2000 30 JUN	£93,000	£138,476	33% below HPI
1996 29 NOV	£53,000	£87,447	39% below HPI

16 GRANTHAM COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The six 16 GRANTHAM COURT sales between November 1996 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 16 GRANTHAM COURT?

16 GRANTHAM COURT is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 16 GRANTHAM COURT lies on this distribution: 9% of detached houses are smaller than 16 GRANTHAM COURT, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

16 GRANTHAM COURT: Plot and Title Map

16 GRANTHAM COURT sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 16 GRANTHAM COURT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 GRANTHAM COURT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 GRANTHAM COURT?

16 GRANTHAM COURT is located in SHENLEY LODGE, in the MK5 postcode district. The below map shows the position of No. 16 on GRANTHAM COURT.